Compensation Specialist

Compensation SpecialistWe are seeking an experienced Compensation Specialist to support the administration, analysis, and continued development of company-wide compensation programs. This position will work closely with HR, HRIS, Finance, Talent Acquisition, and business leaders to help maintain competitive and equitable compensation practices. The role will also support compensation planning, market benchmarking, job evaluations, reporting, pay equity analysis, and compensation system processes. This position is direct hire and will pay between $80K and $95K annually.Key ResponsibilitiesSupport the administration of compensation programs, including annual compensation cycles, salary planning, budgeting, eligibility, approvals, and employee compensation statements.Serve as a key resource for SAP SuccessFactors Compensation, including compensation templates, system configuration, integrations, security roles, system enhancements, and process improvements.Perform system testing, regression testing, data validation, compensation calculation reviews, reconciliations, and issue resolution before system changes are released.Develop compensation reports, dashboards, analytics, and financial models to support HR and leadership decision-making.Analyze compensation data to identify market trends, internal inconsistencies, pay gaps, and opportunities for adjustment.Conduct internal equity and pay equity reviews across positions, departments, and employee groups while supporting compliance with applicable compensation and employment laws.Partner with external compensation consultants and survey providers to evaluate market data and support salary structure, pay band, and compensation recommendations.Maintain and update job descriptions to accurately reflect responsibilities, qualifications, organizational alignment, and appropriate job classification.Evaluate new and existing positions to determine appropriate job levels and alignment with established compensation structures.Conduct compensation benchmarking and market analysis to help maintain competitive pay practices.Partner with Talent Acquisition and HR teams to ensure new positions and job postings align with established salary ranges and internal equity guidelines.Validate compensation calculations and reporting results and reconcile information prior to publication within Employee Central.Translate complex compensation information into clear reporting and recommendations for HR and business leadership.Maintain documentation supporting compensation methodologies, decisions, processes, audits, and regulatory requirements.Create process documentation, user guides, and training materials related to compensation systems and procedures.Participate in HR planning initiatives, departmental goals, budgeting, and forecasting activities.Support continuous improvement and automation efforts designed to improve compensation processes, reporting, and the overall user experience.QualificationsBachelor’s degree in Human Resources, Finance, Business Administration, or a related field, or an equivalent combination of education and experience.Minimum of 3 years of experience in compensation, total rewards, compensation analytics, or a related area.Certified Compensation Professional (CCP) designation preferred.Experience administering compensation cycles within SAP SuccessFactors is preferred.Strong proficiency with Microsoft Excel, Word, PowerPoint, HRIS platforms, reporting tools, and data analysis.Experience producing HCM reports, ad hoc reporting, and advanced compensation analytics.Strong analytical skills with the ability to interpret compensation surveys, pay structures, reports, and complex data.Excellent written and verbal communication skills with the ability to work effectively across all levels of an organization.Strong attention to detail and ability to handle sensitive and confidential information appropriately.Ability to manage multiple priorities and adapt to changing business needs.Strong customer service, organizational, research, and problem-solving skills.Ability to apply sound judgment while working within established policies, procedures, regulations, and applicable laws.Ability to travel as business needs requireIf you are qualified and interested in learning more, please apply now.